Westpac have just announced a new 100% loan for new purchases and constructions!
The LMI is high at 3.16% although it comes with that efficient and top quality Westpac Bank service.
Don’t all rush at once.
Cheers Richard
Ph: 07 3720 1888
[email protected]
http://www.yourstatefinance.comSpecialising in US & IP finance.
Richard Taylor | Australia's leading private lender
thanks Richard, for the information!
We buy properties in Adelaide. No Agent Fees.
[email protected]
phone 0412 437 582Richard,
Does this apply to Commercial? << dreaming
Aussie hate to say you are dreaming.
Standalone deals for commercial would be limited to probably 80% if it is a development finance deal then 85% of GR maybe possible.
Richard Taylor
Residential & Commercial Finance Broker
Ph: 07 3720 1888
[email protected]
http://www.yourstatefinance.comRichard Taylor | Australia's leading private lender
Richard,
Maybe some money to be made there, to bring out the first 100% Commercial Meal deal
Damn! The best my broker could do was a 70% lend with Citibank. If only I had known where to get 80% LVR on a commercial deal. Now I have chewed up all my equity and don’t know how to keep investing.
hi Qlds007
couple of things
1. if it is a development finance deal then 85% of GR maybe possible. that only leaves 15% of me left.
2. 100% of construction is that the normal 80% land and 100% construct or 100% complete and tell me its the latter then ring me.I always like westpac and anz they are the first to try and get customers back but are the last to help if you are a customer and want to deal.
3. Is there anything in it that says if there is comm in the development that the goal posts are moved.
still very interesting will be interested to see the movement of the other ball and chain draggers next will be anz then suncorp, hsbc and nab I haven’t put in cba as I don’t think they have a commercial construction lending dept and if they do they should get rid of it as its doing nothing.
but hay thats my .002 and its off my chest and theres only 15% of me left.
think what I would have typed had you not given 85% of me away.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]
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